Singapore

This follows the resignation of former CEO Andre Hesselink in 2018.

It has not disclosed if it will seek a retail or wholesale licence.

An easing monetary policy and slow loan growth are dragging on NIMs.

And another ex-JP Morgan executive was charged over alleged market manipulation.

The country is still reeling from the aftermath of the Easter Sunday attack last April.

It plans to enter partnerships to develop bespoke insurance solutions.

Despite tight margins, Japanese banks have higher survival chances than European banks.

The system will conduct automated risk assessment of clients, investments, and transactions.

They did not inform the clients of higher spread or improved interbank price of bonds.

V3 recently created a fintech unit and hired a former CEO of a Temasek unit as adviser.

Singapore Life’s $150.39m funding was amongst the year’s notable deals.

This will make Singapore the second country to launch new version of Google Pay.

DBS, OCBC and UOB have averaged an 8% YTD growth in net profit to a combined $11.85b.

Understanding the intricacies of global best practices and adapting to it will set machine learning (ML) on a successful course; highly skilled accountants are vital to that process – including those in the banking industry.

It aims to forge closer relations with APAC central banks and financial authorities.

Users may access all local bank accounts through their own mobile banking apps.